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Nov 21, 2012
11/12
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u.s. debt. i think the consumer is actually okay, which is why i like macy's right for the middle class. >> we look forward to having you back and enjoy thanksgiving. coming up, the as stock trading at ten-year lows today. is this a once in a lifetime opportunity for you to get in? we'll get details ahead and we head to the pits to tackle what happens to gold if the u.s. can't avoid the fiscal cliff and we'll check out the top stocks in the s&p 500 today ahead of the thanksgiving holiday. we'll be right back. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ olaf gets great rewards for his small business! pizza! [ gar
u.s. debt. i think the consumer is actually okay, which is why i like macy's right for the middle class. >> we look forward to having you back and enjoy thanksgiving. coming up, the as stock trading at ten-year lows today. is this a once in a lifetime opportunity for you to get in? we'll get details ahead and we head to the pits to tackle what happens to gold if the u.s. can't avoid the fiscal cliff and we'll check out the top stocks in the s&p 500 today ahead of the thanksgiving...
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Nov 26, 2012
11/12
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we bought more equities for our growth clients a number of weeks ago and we bought u.s. equities on weakness because we believe there was an opportunity to. you want the market to go up indefinitely over the long run and i think it will happen. >> i'm curious about your call about avoiding munis. a lot of people see taxes going up on everything else. >> this is what it is. tax-exempt bonds sound good when taxes are going up but the value of the bonds have been bit up because panic buying is pushing our interest rates go up. you'll lose a lot of principle on munis bonds. if you buy one today you have a 1% to 2% chance to the upside and a 40% chance of losing money. that's not good odds. run away from interest rate-sensitive bonds. that's my number one, you know, tip of the day, if you want to call it. stay away from that. >> the takeaway from ed. thank you for joining us, stewart. a pleasure. >>. >> 12 minutes before the closing bell. right now the dow jones industrial average is lower by 54 points. nasdaq higher by 70 point. >> violent protests in egypt are one of the ma
we bought more equities for our growth clients a number of weeks ago and we bought u.s. equities on weakness because we believe there was an opportunity to. you want the market to go up indefinitely over the long run and i think it will happen. >> i'm curious about your call about avoiding munis. a lot of people see taxes going up on everything else. >> this is what it is. tax-exempt bonds sound good when taxes are going up but the value of the bonds have been bit up because panic...
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Nov 23, 2012
11/12
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and in the u.s. here, i see employment getting better. i see clarity on the fiscal cliff next year and i see the housing market getting better around better and i think that's a positive. >> rick santelli, it wasn't just stocks rallying today. here in the u.s., europe had its best week of the year this week. the euro is at a three-week high. gold was very strong today. what's the market telling us right now? >> i think the market's telling us that there's a lot of bargain hunting and a lot of optimism towards europe. that made sense. i think that the issues of europe are far from cured. i don't think they can be cured. but i do think there's going to be large time gaps where investors hit the gas because the bureaucrats aren't necessarily hitting the brake. whether it's cyprus seems to be an issue. but it's strong. greece really isn't a huge issue but it really does represent kind of how the thinking goes for larger issues that europe has defaced. i found it fascinating, the dollar index closed down over a penny, even though had a strong
and in the u.s. here, i see employment getting better. i see clarity on the fiscal cliff next year and i see the housing market getting better around better and i think that's a positive. >> rick santelli, it wasn't just stocks rallying today. here in the u.s., europe had its best week of the year this week. the euro is at a three-week high. gold was very strong today. what's the market telling us right now? >> i think the market's telling us that there's a lot of bargain hunting...
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Nov 15, 2012
11/12
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the u.s. can avoid falling off the fiscal cliff. plus we'll take you live to tokyo with japan hit by election fever. the yen is falling as a repeated call for bold monetary easing. and we'll be live in new york 5:45 a.m. for a look at the u.s. retail sector. walmart and target getting set to release third quarter numbers. >>> chig that's ruling com uhe nus party has lifted the curtain. the unveiling seals so s xi jins rise. hu has seeded oig all powers and that's gives china's next leader a strong mandate. eunice has more for us this morning. it sounds like a pretty signature consolidation of power under xi. >> definitely is a consolidation of power. he'll get a very strong mandate as you had mentioned to run this country the way that he wants. he gets the three top titles, the most powerful are party chief, president as well as military commander. that is very significant because it allows him to have more control over his own agenda. when he went to meet the press this morning, he was lookin
the u.s. can avoid falling off the fiscal cliff. plus we'll take you live to tokyo with japan hit by election fever. the yen is falling as a repeated call for bold monetary easing. and we'll be live in new york 5:45 a.m. for a look at the u.s. retail sector. walmart and target getting set to release third quarter numbers. >>> chig that's ruling com uhe nus party has lifted the curtain. the unveiling seals so s xi jins rise. hu has seeded oig all powers and that's gives china's next...
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Nov 16, 2012
11/12
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the u.s. government, the israeli government and the european union, has increased shelling in areas of israel over recent weeks. they now have shelled tel aviv and 180 missiles went into southern israel. so israel for its own self-defense, its right of self-defense is organizing, rallying more reserve troops, getting ready for more permanent action. it can and should do what's necessary to protect its citizens, which means inflicting damage on hamas. >> heavy damage, deep damage. go as long as it takes. but john, given what you and ambassador williamson just said, where is the white house on this? the best we can find is not a public statement. the best we can find came out of a white house statement. i'll quote, israel has the right to self-defense in light of the rocket attacks. but that's not the president really standing up for israel. this was some white house spokesman echoed by the state department, john. that ain't the kind of support that i'm looking for. >> my information, very fresh
the u.s. government, the israeli government and the european union, has increased shelling in areas of israel over recent weeks. they now have shelled tel aviv and 180 missiles went into southern israel. so israel for its own self-defense, its right of self-defense is organizing, rallying more reserve troops, getting ready for more permanent action. it can and should do what's necessary to protect its citizens, which means inflicting damage on hamas. >> heavy damage, deep damage. go as...
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Nov 21, 2012
11/12
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eastern time here in the u.s. the deal announced by the egyptian leader, mohamed morsi, and secretary of state hillary clinton. it was later confirmed by israeli president benjamin netanyahu. comes just hours after a bomb blew up on a bus in the heart of tel aviv. dozens were injured. so far no claim of responsibility but hamas called it a blessed event. within the last few hours, israeli air strikes continued in gaza. this is video of secondary explosions when an hamas weapons depot was hit. michelle caruso-cabrera, our chief foreign correspondent is watching reaction at the nyse. michelle? >> that pushed the dow to the highs of the session. the announcement of the cease-fire got us another 25 points. we have come off the highs, 12,839 is where the dow stands right now, higher by more than 50 points, .4%. president obama reportedly just spoke with israel's prime minister benjamin netanyahu. john harwood joins us now. john, what can you tell us? the white house had a lot at stake here by sending hillary clinton to
eastern time here in the u.s. the deal announced by the egyptian leader, mohamed morsi, and secretary of state hillary clinton. it was later confirmed by israeli president benjamin netanyahu. comes just hours after a bomb blew up on a bus in the heart of tel aviv. dozens were injured. so far no claim of responsibility but hamas called it a blessed event. within the last few hours, israeli air strikes continued in gaza. this is video of secondary explosions when an hamas weapons depot was hit....
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Nov 19, 2012
11/12
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. >>> if the u.s. falls off the fiscal cliff, this would amount in an average increase of $3,500 per household. >>> bank of america is up big on an upgrade. >> upgraded to buy from hold, establishing a $11 target. about 17% return from current levels. thinking a drop in operating expenses will more than offset sluggish growth. bank of america up 68% or so year to date. >>> another stoke that is soaring, barclays. >> the all banking first two. goldman sachs adding this to their conviction buy list. a bit of an odd call though. goldman is basing this on their belief that in february at a big meeting barclays is going to announce restructuring of its operations. they're going to restructure, change some groups around. if they do it, goldman thinks it could have a sector leading up side. but they say even if barclays doesn't restructure the stock they believe has nice downside support. >> lowe's trading at 5 1/2-year highs. >> great story. profit 5 cents above expectations. they beat sales forecasts. here'
. >>> if the u.s. falls off the fiscal cliff, this would amount in an average increase of $3,500 per household. >>> bank of america is up big on an upgrade. >> upgraded to buy from hold, establishing a $11 target. about 17% return from current levels. thinking a drop in operating expenses will more than offset sluggish growth. bank of america up 68% or so year to date. >>> another stoke that is soaring, barclays. >> the all banking first two. goldman sachs...
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Nov 19, 2012
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u.s. president to the country. but he cautions that his trip should not be seen as an endorsement of the country's sgoechlt. and oil futures hitting a two week high as international pressure mounts for a cease-fire in gaza. u.n. secretary general ban ki-moon is heading to cairo for emergency negotiations. good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. if europe, higher by 0.8%. coming off the 3 1/2 month low that we saw in the close on friday, helped along by optimism on the negotiations to avoid a fiscal cliff state side. we saw quite a rally in the u.s. on friday's close and that is feeding through to europe here this morning. ftse 100 higher by 09%, xetra dax by more than 1% and ibex 35 more than half a percentage point. the bond markets, the question is whether or not we'll see a lid on on bond prices on treasuries especially if we manage to overt a fiscal cliff scenario, if we see productive talks con
u.s. president to the country. but he cautions that his trip should not be seen as an endorsement of the country's sgoechlt. and oil futures hitting a two week high as international pressure mounts for a cease-fire in gaza. u.n. secretary general ban ki-moon is heading to cairo for emergency negotiations. good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. if europe, higher by 0.8%. coming off the 3 1/2 month low...
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Nov 28, 2012
11/12
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u.s. down there or italy and spain here in the periphery, 4.7%, 6%, remarkable there, level for spain even today as the country's banks are being more fully examined in light of the national examination plans. the dollar/yen pulling back about half a percent to 8167. let's get to deirdre bolton from singapore. hi, deirdre. >> hi, kelly, how are you? and it's morris, by the way. but i'm flattered that you call me bolton. in china and hong kong, it was all about, what else, the fiscal cliff. those comments from the senate majority leader harry reid overnight really sparked some jitters in this session today, so we have red across the board. the shanghai composite, it is well and truly below that 2011 level, shedding another .9 of a percent. the hang seng was feeling some of that pressure from chinese stocks and shedding .6 of a percent. it was the mainland banks that were the culprit. they didn't fare as badly if the mainland. some capital requirement rules are going to be implemented that a
u.s. down there or italy and spain here in the periphery, 4.7%, 6%, remarkable there, level for spain even today as the country's banks are being more fully examined in light of the national examination plans. the dollar/yen pulling back about half a percent to 8167. let's get to deirdre bolton from singapore. hi, deirdre. >> hi, kelly, how are you? and it's morris, by the way. but i'm flattered that you call me bolton. in china and hong kong, it was all about, what else, the fiscal...
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Nov 16, 2012
11/12
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the u.s. and china. there are american brands everywhere. companies like mcdone olds are sinking their teeth into the china market. china is one of the biggest markets outside the u.s. in return mcdonald's hires thousands chinese. china is become abouting a major destination for american goods. but with the global economy struggling, tensions between the two major trading partners have been rising over everything from the u.s.'s growing security presence in the region to china's currency and trade. >> i'm a little pessimistic because in the kind of world we live in where there's a struggle for global demand, that struggle will show up in the trade area. >> reporter: rhetoric about china flared on on the campaign trail with barack obama promising to stand up to china as he heads into his second term. >> i set up a trade task force to go after cheaters. that's why we brought more cases than the previous administration in two terms. >> reporter: cases for example over auto parts and solar panels.
the u.s. and china. there are american brands everywhere. companies like mcdone olds are sinking their teeth into the china market. china is one of the biggest markets outside the u.s. in return mcdonald's hires thousands chinese. china is become abouting a major destination for american goods. but with the global economy struggling, tensions between the two major trading partners have been rising over everything from the u.s.'s growing security presence in the region to china's currency and...
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Nov 22, 2012
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that's a very large share of the u.s. economy. we're noncompetitive in the world and we will have a real serious recession in 2013 unless something is really done quickly. >> jared, i just want to ask you a question. >> sure. >> you hinted -- this is really important. where we are going tonight is more politics than economics. >> okay. >> you kind of hinted that we might cross through the year, that we might fall off the cliff. if only for a short period of time. now as someone who worked in there years ago as arthur did, short period of time, you will take the better part of the winterer to make a deal. so we are going to go into recession. the question is, do you think the president can take that and do you think he can really blame republicans? is it that easy, or is all hell going to break loose in the country? >> i think it will be absolutely terrible if we go over and stay over the cliff long enough for recession. i don't care who blames whom but i will blame everybody up there. this economy actually has a little bit of mome
that's a very large share of the u.s. economy. we're noncompetitive in the world and we will have a real serious recession in 2013 unless something is really done quickly. >> jared, i just want to ask you a question. >> sure. >> you hinted -- this is really important. where we are going tonight is more politics than economics. >> okay. >> you kind of hinted that we might cross through the year, that we might fall off the cliff. if only for a short period of time....
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Nov 21, 2012
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the u.s. holiday shopping season kicks off in the u.s. retailers pulling off all the shops to draw shoppers into their stores. we put several promotions to the test when we come back. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> these are the headline ts today from around the world. angela merkel says the greek financing hole can be filled. the fbi launches a probe into alleged accounting issues in the hp autonomy deal. mike lynch denies the accusations. and reports of a blast on a bus in tel aviv sends all futures high. hillary clinton is con
the u.s. holiday shopping season kicks off in the u.s. retailers pulling off all the shops to draw shoppers into their stores. we put several promotions to the test when we come back. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit...
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Nov 20, 2012
11/12
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u.s. government is the world's biggest buyer of software associated with the running of any kind of government. that's another kind of corollary here. a big comment from a lot of people in the defense industry about that yesterday. i think they're the first company to come out and make realistic expectations of what will happen in the next couple of years. back to you. >> okay. thank you. dave cote is the head of the curve on all of this. let's shift to bonds and dollar. rick santelli at the cme group in chicago. rick? >> thank you, jim. everyone is excited about good housing numbers. everybody but the fixed income market. everybody but the equity market. i know there's an hp issue here. however, let's look at the charts. let's put up a two-day chart of tens. clearly you can see we're up about a basis point on the day. if you look on the right side of the chart and look around 8:30 eastern, you can't pick out that we had a good housing number. if you really switch this around a bit, you lo
u.s. government is the world's biggest buyer of software associated with the running of any kind of government. that's another kind of corollary here. a big comment from a lot of people in the defense industry about that yesterday. i think they're the first company to come out and make realistic expectations of what will happen in the next couple of years. back to you. >> okay. thank you. dave cote is the head of the curve on all of this. let's shift to bonds and dollar. rick santelli at...
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Nov 17, 2012
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the former cia director testified the u.s. intelligence knew islamic militants were a threat in benghazi and specified soon after the september 11th attack in so-called talking points to be used with the public that al qaeda-type organizations were responsible for the attack. but as those talking points made the rounds of other national security organizations here in washington, the word al qaeda got changed to "extremists." and when the points got to u.n. ambassador susan rice, she made no mention of al qaeda or extremists when she went on nbc's "meet the press" five days after the attack. rice did tout the anti-terrorist accomplishments of president obama. pet rae ugs denies any political pressure on the cia to scrub al qaeda from its talking points. new york republican peter king said today, "we need to find out who did the scrubbing and why." larry, back to you. >> many thanks, steve handelsman, appreciate it. so why has general petraeus done a 180 on benghazi? this is a very serious issue. first he blames the attack on a
the former cia director testified the u.s. intelligence knew islamic militants were a threat in benghazi and specified soon after the september 11th attack in so-called talking points to be used with the public that al qaeda-type organizations were responsible for the attack. but as those talking points made the rounds of other national security organizations here in washington, the word al qaeda got changed to "extremists." and when the points got to u.n. ambassador susan rice, she...
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Nov 28, 2012
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at u.s. trust, our expertise extends well beyond investment advice and research analysis. it includes proprietary offerings like our eldercare program, which helps provide for those who came before you. and our financial empowerment program, which helps prepare those who come next. resources like these have made us the number-one trust company. that's why generations of families have come to us to help build their own legacies. >>> we don't want you to bet the country. we want you to fix the country. and we had a number of productive meetings in the past couple days. the white house with the leadership of both the senate and the house, diverse groups of house members -- >> that is maya mcginnis, who i almost always want to call maya angelou for some reason. but it is not. it is maya mcginnis, one of the organizers of fix the debt, the campaign that's organized some 60 ceos, heads of non-profits, academics and others to come up on capitol hill today to talk about solutions to the fiscal cliff problem. i'm joined now by john carney of cnbc.com, bob pisani. we'll listen in as
at u.s. trust, our expertise extends well beyond investment advice and research analysis. it includes proprietary offerings like our eldercare program, which helps provide for those who came before you. and our financial empowerment program, which helps prepare those who come next. resources like these have made us the number-one trust company. that's why generations of families have come to us to help build their own legacies. >>> we don't want you to bet the country. we want you to...
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Nov 19, 2012
11/12
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as head of u.s. ops, how closely are you watching the progress of those talks and if it appears that they break down at any point between now and the end of the year, what sort of contingency plans do you have built in? is there a plan to strip out a lot of capacity in a short period of time? >> carl, thank you for that question. u.p.s. believes that congress does need to move very quickly to get this done and we don't need to go up to the deadline. we work with over 9 million customers on a daily basis. they are telling us that there's a reluctance on their part to invest or hire more workers. it's a simple equation for u.p.s. fewer packages shipped means less jobs for our u.p.s. workers. we would like to see something get done very quickly. >> more and more sites are offering free shipping both ways for a certain size order. i'm wondering how that impacts u.p.s. do they get a flat rate or do they pay the same as any other person? >> we work with major retailers who we have set contracts with. certa
as head of u.s. ops, how closely are you watching the progress of those talks and if it appears that they break down at any point between now and the end of the year, what sort of contingency plans do you have built in? is there a plan to strip out a lot of capacity in a short period of time? >> carl, thank you for that question. u.p.s. believes that congress does need to move very quickly to get this done and we don't need to go up to the deadline. we work with over 9 million customers...
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Nov 19, 2012
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i think the u.s. come to the bargain basement at the present time and with interest rates so very low, all-time record lows do you think the elimination of the mortgage deduction would have a significant impact on prices? >> i really don't. >> we have a short term impact on the lower price points. at the end of the day when we cut through all of the clutter, people need shelter, some form of shelter to that end, they can buy a home or they can rent, and i think there's people in america, whatever the price point, would prefer to rent, would prefer to purchase versus rent and i don't think they're looking first and foremost at the tax deduction as the key driver. >> ron, steve forbes here. what do you hear about how hard it is to get a mortgage, even though rates are low, and also what's happening in the jumbo mortgage market? in terms of availability of credit. >> you know, that's the real problem, if we look at what are the key issues that are really limiting housing purchases today, is the financial
i think the u.s. come to the bargain basement at the present time and with interest rates so very low, all-time record lows do you think the elimination of the mortgage deduction would have a significant impact on prices? >> i really don't. >> we have a short term impact on the lower price points. at the end of the day when we cut through all of the clutter, people need shelter, some form of shelter to that end, they can buy a home or they can rent, and i think there's people in...
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Nov 27, 2012
11/12
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we're confident we can sell more than all the cars in the u.s. without a shadow of a doubt. >> real quick. christmastime is the time of year when luxury seams go through the roof. why is that here in the united states? you're expecting a big december. >> we're expecting an enormous december with new cars like this and the jaguar f type getting interest as well. i think it's institutionalized. we create a big december. the martin, the lease payments and whole industry gets behind the market. from thanksgiving onwards it really generates a big car market. >> andy goss, president of jaguar and land rover in the united states. sales this year up 18% for land rover here in the u.s. this goes on sale mid-december. carl. >> all right, phil. enjoy l.a. we'll see you in a little bit. senator dick durbin a member of the boles-simpson commission and the so-called gang of eight lag out the progressive case for a bipartisan fiscal cliff deal. we'll bring you headlines as they happen. when we come back, men have a rep utation for hagting to shop. we'll tell yo
we're confident we can sell more than all the cars in the u.s. without a shadow of a doubt. >> real quick. christmastime is the time of year when luxury seams go through the roof. why is that here in the united states? you're expecting a big december. >> we're expecting an enormous december with new cars like this and the jaguar f type getting interest as well. i think it's institutionalized. we create a big december. the martin, the lease payments and whole industry gets behind the...
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Nov 28, 2012
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>> i'm convinced they will do. >> so when you look at the u.s. market, it has been strong, but not overly strong. what's the change in the next year, do you see that continuing? >> as opposed to the premium, like porsche, we'll have success, and there will be a discussion about this, what you mentioned before, from my point of view, most of the volume will get but not the -- >> mathias muller, a worldwide debut, there it is, the new porsche cayman, sees it first here on cnbc. >> i'm getting e-mails from people who have a cayman who say they should have waited, it's absolutely gorgeous. thank you, phil. >>> marisa meyers speaking out publicly for the first time. what did she have to say about the silicon valley internet giant. >>> and we're expecting the president to speak at any moment. let's hope it doesn't come during the commercial break. back in a second. [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. >>> groupon making -- the company is due to
>> i'm convinced they will do. >> so when you look at the u.s. market, it has been strong, but not overly strong. what's the change in the next year, do you see that continuing? >> as opposed to the premium, like porsche, we'll have success, and there will be a discussion about this, what you mentioned before, from my point of view, most of the volume will get but not the -- >> mathias muller, a worldwide debut, there it is, the new porsche cayman, sees it first here on...
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Nov 19, 2012
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he's the palestinian liberation organization representative to the u.s. mr. ambassador, thank you very much. >> thank you. >> i don't know if you were able to see what happened live on our air. when you see things like that, what goes through your head? >> well, what goes through my head, the suffering of my people in the gaza strip and the atrocities the israelis are committing against an innocent population. you referred anderson cooper referred in his report to 11 people killed from the same family. 4 under the age of 10, including a pregnant woman with a yet to be born baby. there is human suffering as a result of this israeli campaign. that's where our hearts and minds are right now. >> do you think the arab unification is the answer to the latest round of violence? >> arab unification? >> yes. >> i think the arabs are showing more sympathy and more support to the palestinian people. and they are making it clear to the israelis that they are not going to tolerate a continued campaign against the palestinian people. we have a political problem, don, there
he's the palestinian liberation organization representative to the u.s. mr. ambassador, thank you very much. >> thank you. >> i don't know if you were able to see what happened live on our air. when you see things like that, what goes through your head? >> well, what goes through my head, the suffering of my people in the gaza strip and the atrocities the israelis are committing against an innocent population. you referred anderson cooper referred in his report to 11 people...
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Nov 17, 2012
11/12
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. >> if there is a ground war, of course, everybody wonders whether or not the u.s. will get involved with troops, what have you. but that is much further down the road here, right? >> well, i think whether there is an invasion or whether there is not, i think we have to go back and reexamine the diplomatic setting, if you will. people will be pushed to say we can't ignore this situation, this conflict because as we look back on the last four years and the indifference, if you will, to the obama situation on what is happening on the west bank and gaza, i think there will be pressure. this will be pressure from egypt. there will be pressure from turkey and qatar, the three countries that are the most sympathetic to hamas, because don, i think the fear is warranted. it is not the last time we'll see the conflict between israel and the palestinians. hamas is leading the palestinian people to ruin, hamas must be seen to be a rogue regime. because it is under the palestinian national authority. >> i want to go back to something you said about the president's indifference.
. >> if there is a ground war, of course, everybody wonders whether or not the u.s. will get involved with troops, what have you. but that is much further down the road here, right? >> well, i think whether there is an invasion or whether there is not, i think we have to go back and reexamine the diplomatic setting, if you will. people will be pushed to say we can't ignore this situation, this conflict because as we look back on the last four years and the indifference, if you will,...
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is the u.s. doing enough? what is the appropriate role for the u.s., if any, at this point? today president obama said he is actively working with all parties involved to try to stop the missile attacks. he also said he fully supports israel's right to defend itself. some said the president has been indifferent. i spoke with a senior fellow last night. >> can't afford to ignore this conflict. because we look back on the last four years, and the indifference, if you will, of the obama administration to what's happening on the west bank in gaza. and is i think we are -- there will there be pressure from jipts, there will be pressure from turkey, there will be pressure from qatar, the three countries most sympathetic to ham hamas. there will be pressure to produce some kind of settlement. >> let's bring in cnn contributorses, will cain, elzy granderson. elzy, you're first. is president obama being indifferent? does the white house need to do more? >> i don't understand how someone can consider the white house being indifferent when this administration has given more money to is
is the u.s. doing enough? what is the appropriate role for the u.s., if any, at this point? today president obama said he is actively working with all parties involved to try to stop the missile attacks. he also said he fully supports israel's right to defend itself. some said the president has been indifferent. i spoke with a senior fellow last night. >> can't afford to ignore this conflict. because we look back on the last four years, and the indifference, if you will, of the obama...
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the u.s. state department is calling it a very dangerous situation. president obama talked to the leaders of israel and egypt and we are told secretary of state clinton has been working the phones trying to muster international pressure to diffuse the situation rockets have been flying both ways. israel is aiming at terrorist targets and that's what it looks and sounds like from a distance. here it is up close during an israeli and palestinian who are in the thick of it. >> let me jump in there, mohammed. when you hear him describe the situation where he is, what goes through your mind? >> sorry. that is one thing. carry on with your question. [ indiscernible ] >> the palestinian health minister says at least 30 people have been killed in gaza, 300 wounded. many of them children and women. he says we can't independently verify those numbers. cnn's sarah sidener is reporting for us in dangerous conditions. >> we have to leave this area now because there are air strikes, and we can hear the planes and we've also seen rockets coming from a neighborhood j
the u.s. state department is calling it a very dangerous situation. president obama talked to the leaders of israel and egypt and we are told secretary of state clinton has been working the phones trying to muster international pressure to diffuse the situation rockets have been flying both ways. israel is aiming at terrorist targets and that's what it looks and sounds like from a distance. here it is up close during an israeli and palestinian who are in the thick of it. >> let me jump in...
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so there's a lot of pressure, the u.s. would certainly like to see a cessation of hostilities, the israelis are anxious for that to happen. they want to see what's going on. one of the things that the israelis point out is that yes, hamas is in charge and they hold that group responsible. but there's other groups in gaza that may not completely been under the control of hamas. that could be one of the problems even though one of the -- saying hamas is responsibility for any rockets that come into israel right now. some of the civilian casualties we saw today, there will be a lot more if israeli tanks or armored personnel carries or israeli troops move into that heavily populated area, but they're saying and the prime minister said today, benjamin net tanya -- netanyahu. >> wolf blitzer -- president obama is monitoring the conflict in the middle east as he travels through asia. today in thailand, he said the u.s. will work with all parties to end the violence. later today, mr. obama makes history when he becomes the first u
so there's a lot of pressure, the u.s. would certainly like to see a cessation of hostilities, the israelis are anxious for that to happen. they want to see what's going on. one of the things that the israelis point out is that yes, hamas is in charge and they hold that group responsible. but there's other groups in gaza that may not completely been under the control of hamas. that could be one of the problems even though one of the -- saying hamas is responsibility for any rockets that come...
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he is satisfied with what the u.s. has said and done so far. >> in his statement yesterday i thought they were helpful. they are in line with what the congressman and i have said here today, and i hope we're aggressively pursuing that idea that israel has a right to protect itself, but people all over the world have a real interest in trying to stop this violence from being initiated by hamas and gaza. >> because the president has also said apparently please don't equate gaza to israel. >> we always will stand behind israel. they're our ally there. we have to do whatever we can help them to protect their citizens. >> congressman, senator, thank you both so much for being here today. >> okay. >>> when we return, solving the financial crisis before it's too late and, later, the political fall-out of the benghazi investigation. [ female announcer ] introducing yoplait greek 100. 100% new. ♪ 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok t
he is satisfied with what the u.s. has said and done so far. >> in his statement yesterday i thought they were helpful. they are in line with what the congressman and i have said here today, and i hope we're aggressively pursuing that idea that israel has a right to protect itself, but people all over the world have a real interest in trying to stop this violence from being initiated by hamas and gaza. >> because the president has also said apparently please don't equate gaza to...
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today we learned that the output at u.s. mines, utilities and factories fell in the past month, but that was largely because superstorm sandy disrupted production. that isn't our fault but it's certainly another setback. >>> our story "outfront," fear of an all-out war breaking out in the middle east as forces intensify. they are worried about turning gaza into a frontal base for iran. so how does the conflict between israel and hamas hurt iran? fareed zakaria is here. i spoke to him earlier and asked him how the alliance between iraq and iran play into the occasion. >> right now iran has its hands full. it's got syria collapsing on one side t has hamas in trouble. so at a very simple, logistical level, this is more demands on iran for resupplying of weapons for political support of various kinds, but there is a broad idealogical game here where iran wins, because iran is seen as the great defender of the palestinians in the middle east these days. this is fastidiously stated. in the political sense, iran is seen as one of t
today we learned that the output at u.s. mines, utilities and factories fell in the past month, but that was largely because superstorm sandy disrupted production. that isn't our fault but it's certainly another setback. >>> our story "outfront," fear of an all-out war breaking out in the middle east as forces intensify. they are worried about turning gaza into a frontal base for iran. so how does the conflict between israel and hamas hurt iran? fareed zakaria is here. i...
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the same leadership that condemned the u.s. for assassination of osama bin laden, we cannot allow the situation that israelis cannot believe in israel and under the threat of missiles. we are very determined to take care of this problem and we'll do whatever is necessary to get rid of the hamas region. >> you do believe it was hamas that started this then? >> well, it is the fact. i can count hundreds and almost thousands of reasons why hamas and it's on a daily basis. we waited once, twice and if it happened in the u.s. and you had missiles flying to new york city, washington, d.c., i'm sure the u.s. would have acted long before we waited, maybe too long. but now we are determined and we are calling for the talks to get ready and we're telling to the hamas leadership and to the people in egypt today. we cannot wait any more. >> let me ask you about the troops because, as you mentioned, the possibility of this ground campaign and israel has approved the call up of 75,000 reservists. do you see israeli troops going into gaza? un
the same leadership that condemned the u.s. for assassination of osama bin laden, we cannot allow the situation that israelis cannot believe in israel and under the threat of missiles. we are very determined to take care of this problem and we'll do whatever is necessary to get rid of the hamas region. >> you do believe it was hamas that started this then? >> well, it is the fact. i can count hundreds and almost thousands of reasons why hamas and it's on a daily basis. we waited...
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in the meantime, the u.s. state department condemned the strikes fired from gaza and supporting israel's right to defend itself. i talked about all of this with sara sidner and also david kirkpatrick of "the new york times" and cnn's fareed zakaria. what is the latest on the attacks and the fallout? >> what we are seeing are more rockets coming into israel. there have been dozens of air strikes, as well since the killing of ahmed al jabarry, who is the leader of hamas' military wing, but he is also one of the founders of hamas. we are talking about a huge blow to hamas, and now the government there in gaza. israel is also telling us, and we've just heard this from its military spokesperson, that they are bringing in reservists, but they are considering a ground war, but have not yet given the go-ahead for that, but they are preparing. we know that they have been firing with the air with the air strikes, but we also know that they have been firing from the sea. their ships are anchored just off of the sea there
in the meantime, the u.s. state department condemned the strikes fired from gaza and supporting israel's right to defend itself. i talked about all of this with sara sidner and also david kirkpatrick of "the new york times" and cnn's fareed zakaria. what is the latest on the attacks and the fallout? >> what we are seeing are more rockets coming into israel. there have been dozens of air strikes, as well since the killing of ahmed al jabarry, who is the leader of hamas' military...
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how big of a concern should this be for the u.s.? the last thing the u.s. is wanting is to get pulled into another war. but the administration has said obviously, it has israel's back. >> i think that this is a major concern for the u.s., and like it or not, the u.s. is tied to israel in the minds of muslims around the world, and so, whatever happens in gaza, whatever happens in the palestinian territories is going to have repercussions in afghanistan, pakistan, the streets of egypt, and anywhere the u.s. is trying to build relationships and do business. >> fareed, there are questions about the relationships between israel and turkey, another u.s. ally. >> it will be interesting to see how turkey reacts. the original schism between turn kai and israel was over gaza and over the blockade of gaza. will the prime minister of turkey use this as another opportunity to win domestic support at home by criticizing israel? >> sara, david and fareed, thank you. >>> a nanny accused of killing two children, stabbed to death in the bathtub in the manhattan apartment. th
how big of a concern should this be for the u.s.? the last thing the u.s. is wanting is to get pulled into another war. but the administration has said obviously, it has israel's back. >> i think that this is a major concern for the u.s., and like it or not, the u.s. is tied to israel in the minds of muslims around the world, and so, whatever happens in gaza, whatever happens in the palestinian territories is going to have repercussions in afghanistan, pakistan, the streets of egypt, and...
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there's now a u.s. ambassador there and that there's such a long way to go on the road to democracy there that we're only in the first chapters of it that it's really too early. the country's still unstable. there's still a lot of corruption there, violence there, and yet the president is going there. and the defense from the administration is they have rewarded action with action, and they point to the fact that when it was announced that secretary clinton would be going there and they would be putting a u.s. ambassador there, that's when you saw parliamentary elections. that's when you saw the easing and some of the ethnic tensions there. that's when you also saw them -- start paying more attention to the humanitarian concerns. they believe it's more important for the president to really highlight the steps that they're taking but also talk about how this is a long distance race, and they're far from the end. >> dan lothian in bangkok. thank you. and when the president meets with the president of thai
there's now a u.s. ambassador there and that there's such a long way to go on the road to democracy there that we're only in the first chapters of it that it's really too early. the country's still unstable. there's still a lot of corruption there, violence there, and yet the president is going there. and the defense from the administration is they have rewarded action with action, and they point to the fact that when it was announced that secretary clinton would be going there and they would...
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a former u.s. ambassador to israel and syria weighs in on the potential for peace. >>> plus, jewish dating. singles using her faith to find love on-line. does it work? a couple joins me live to share their story. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. in the drive to end hunger music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's heal
a former u.s. ambassador to israel and syria weighs in on the potential for peace. >>> plus, jewish dating. singles using her faith to find love on-line. does it work? a couple joins me live to share their story. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me,...
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then he is on to minima, a country that no u.s. president has visited before. then he'll head to cambodia for the east asia summit. come new year's day, america could face a $7 trillion nightmare. a series of tax increases and major spending cuts will go into effect unless the white house and capitol hill reach a deal. cnn's political editor paul ste steinhouser is gauging what the public is saying about the fiscal cliff. paul? >> the clock is ticking on avoiding the fiscal cliff. the president, as he sat down at the white house friday with top congressional leaders from both parties. americans agree in a poll that it is extremely or very important for the president and congress to reach a deal. >> i believe we can do this and avert the fiscal cliff. >> reporter: and that's what most people want. they say that republicans and democrats should compromise to prevent massive spending cuts and tax hikes from beginning to kick in at the beginning of the year. so what do they want in any deal? 45% say it should be about half spending cuts and half tax increases with
then he is on to minima, a country that no u.s. president has visited before. then he'll head to cambodia for the east asia summit. come new year's day, america could face a $7 trillion nightmare. a series of tax increases and major spending cuts will go into effect unless the white house and capitol hill reach a deal. cnn's political editor paul ste steinhouser is gauging what the public is saying about the fiscal cliff. paul? >> the clock is ticking on avoiding the fiscal cliff. the...
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we're told he wants to set the record straight about what happened september 11th at the u.s. consulate compound in libya. ambassador christopher stevens as you know and three other americans were killed in that attack. cnn pentagon correspondent barbara starr has been talking to her sources to find out what the former cia director will say tomorrow. she joins me now. barbara, you have new information on what members can expect to hear tomorrow from petraeus as he talks to members about the attacks. what do you know? >> reporter: well, good evening, anderson. that's right, i've spoken to a source who is directly familiar with petraeus' thinking, what he's planning to try and say on capitol hill tomorrow. he wants to testify, he wants to clear up any, what he believes are misrepresentations of what he has said in the past and what he thinks really happened in benghazi. first up, this source says that petraeus will acknowledge that he knew quite quickly immediately afterwards that it was sharia, that libya al qaeda sympathizer group, that was responsible for it. but they had som
we're told he wants to set the record straight about what happened september 11th at the u.s. consulate compound in libya. ambassador christopher stevens as you know and three other americans were killed in that attack. cnn pentagon correspondent barbara starr has been talking to her sources to find out what the former cia director will say tomorrow. she joins me now. barbara, you have new information on what members can expect to hear tomorrow from petraeus as he talks to members about the...
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. >> every u.s. president hopes to be the one that ends the israeli-palestinian crisis, but peace has rarely seemed less likely. i spoke with a senior fellow at the hoover administration. he singled out the obama administration for what he calls its indifference. >> we have to go back and re-examine the diplomating setting, if you will. people will be pushed to say we can't afford to ignore this region. we can't afford to ignore this conflict because we look back on the last four years and the indifference, if you will, of the obama administration to what is happening on the west bank and gaza. and i think there will be pressure. there will be pressure from egypt, from turka, pressure from qatar, the three countries that are most sympathetic to hamas. pressure to produce some kind of settlement. >> discussing the u.s. response to the israeli-palestinian crisis. if izrail launches a ground attack in gaza, experts say the battle could be as bloody as the 2008 invasion that killed 1400 palestinians or w
. >> every u.s. president hopes to be the one that ends the israeli-palestinian crisis, but peace has rarely seemed less likely. i spoke with a senior fellow at the hoover administration. he singled out the obama administration for what he calls its indifference. >> we have to go back and re-examine the diplomating setting, if you will. people will be pushed to say we can't afford to ignore this region. we can't afford to ignore this conflict because we look back on the last four...
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this comes on the same day that members of congress watched videos of the attack on the u.s. consulate. one of those videos showed chris stevens being dragged out of the building. the briefing today was the most comprehensive account yet and it also included a details timeline of how the attack unfolded. now, there was also and this is obviously very important, that closed circuit video from the consulate. accord tog one senator who watched that video, it's clear it was not a demonstration that spontaneously turned into an attack, which as we have said, that's what the administration officials said in the days following the incident and david petraeus will testify tomorrow, raising more questions about how the administration handling the situation. senator dan coates of indiana is on the intelligence committee. he saw the video. he'll be at the hearing tomorrow. he's "outfront." senator coates, really appreciate you're talk taking the time. what did you learn from the video? >> we learned a lot. we saw things in realtime. it was a composite video. i did not see evidence previ
this comes on the same day that members of congress watched videos of the attack on the u.s. consulate. one of those videos showed chris stevens being dragged out of the building. the briefing today was the most comprehensive account yet and it also included a details timeline of how the attack unfolded. now, there was also and this is obviously very important, that closed circuit video from the consulate. accord tog one senator who watched that video, it's clear it was not a demonstration that...
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. >> u.s. subs in the indian ocean have picked up the shriek. >> it's a very funny book. i will be serious. very entertaining and amusing and anyone that loves animals, or feels that you do and i do, i have to admit it is a classic family pet story, isn't it? >> it is. it is about a family and the pet pedestal and about the pet culture which is totally out of hand. it is a little bit of social commentary and lot of comedy. >> it's very, very funny. >> let's talk about things that aren't funny, but very entertaining to watch the breakfast tv wars, the general feeling it's the moment you left "today," it's all gone to hell in a hand cart. >> that is the not true. >> not far off. >> well, obviously things happen. there are ups and downs for shows, and right now, where "today" show where i love and hope the do more pieces with them, and my heart and soul is with nbc going through a more difficult time than a few years ago, but we will be fine. and don nash was just named executive producer, and he is fantastic. >> and yes, now there is a female executive overseeing the thing.
. >> u.s. subs in the indian ocean have picked up the shriek. >> it's a very funny book. i will be serious. very entertaining and amusing and anyone that loves animals, or feels that you do and i do, i have to admit it is a classic family pet story, isn't it? >> it is. it is about a family and the pet pedestal and about the pet culture which is totally out of hand. it is a little bit of social commentary and lot of comedy. >> it's very, very funny. >> let's talk...
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what's the next at the, the u.s. supreme court perhaps? >> oh, yes, most definitely the u.s. supreme court. this is big for minorities. a cause in front of the supreme court right now and there's a lot of speculation that affirmative action and race consideration in college admissions might be struck down, but here a lower federal court has said that constitutional amendment that was adopted in michigan saying you can't consider race in college admissions is unconstitutional, that it's in fact discriminatory, so this is a big win for people who favor race consideration in college admissions to create diverse student bodies. >> before michigan voters approved the ban the u.s. supreme court ruled in 2003 that michigan universities can use race as a factor in choosing which stunts to admit but can't make race the determination factor in accepting students, so does this give us, you think, any insight on a possible future ruling? >> it's -- it's interesting that, you know, this whole thing started in michigan back in 2003, and sandra day o'connor, who really was the swing vote on
what's the next at the, the u.s. supreme court perhaps? >> oh, yes, most definitely the u.s. supreme court. this is big for minorities. a cause in front of the supreme court right now and there's a lot of speculation that affirmative action and race consideration in college admissions might be struck down, but here a lower federal court has said that constitutional amendment that was adopted in michigan saying you can't consider race in college admissions is unconstitutional, that it's in...
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speaking of the united states, the u.s. president barack obama said this week that he believed there was a, quote, window of time to peacefully resolve this with iran. but what are the implications now, matthew? >> well, i mean, the implications are that if iran were to make use of its new increased capacity to make nuclear material for weapons, and it hasn't said that it will do this, it said quite the opposite, in fact, that would mean that we have an opportunity that president obama was talking about would get narrower. at the moment, though, i think it is important to point out that iran is still staying well clear of the sort of line in the sand, the red line, that it would cross to provoke any kind of military response. it still doesn't have the kind of nuclear material or indeed the other technologies necessary to build a nuclear weapon, at least not for some significant time in the future, don. >> matthew chance, thank you, sir. >>> as sandy ripped through the northeast, these were among the first images that grippe
speaking of the united states, the u.s. president barack obama said this week that he believed there was a, quote, window of time to peacefully resolve this with iran. but what are the implications now, matthew? >> well, i mean, the implications are that if iran were to make use of its new increased capacity to make nuclear material for weapons, and it hasn't said that it will do this, it said quite the opposite, in fact, that would mean that we have an opportunity that president obama...